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Green finance is essential for economic development and sustainability

Author

Listed:
  • Chowdhury, Tasnim
  • Datta, Rajib
  • Mohajan, Haradhan

Abstract

Green finance is part of a broader occurrence; from the incorporation of various non-financial or ethical concerns onto the financial universe. Generally green finance is considered as the financial support for green growth which reduces greenhouse gas emissions and air pollutant emissions significantly. Green finance in agriculture, green buildings and other green projects should increase for the economic development of the country. In this paper an attempt has been made to describe green financing in a boarder sense.

Suggested Citation

  • Chowdhury, Tasnim & Datta, Rajib & Mohajan, Haradhan, 2013. "Green finance is essential for economic development and sustainability," MPRA Paper 51169, University Library of Munich, Germany, revised 09 Jun 2013.
    • Handle: RePEc:pra:mprapa:51169
    as

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    File URL: https://mpra.ub.uni-muenchen.de/51169/1/MPRA_paper_51169.pdf
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Benavides-Franco, Julián & Gómez, Juan M. & Pérez-Uribe, Miguel A., 2023. "Determinants of Project Finance success for renewable energy," Renewable Energy, Elsevier, vol. 211(C), pages 188-201.
    2. Mohajan, Devajit & Mohajan, Haradhan, 2022. "Sensitivity Analysis among Commodities and Prices: A Utility Maximization Perception," MPRA Paper 116232, University Library of Munich, Germany, revised 15 Dec 2022.
    3. Bhatnagar, S. & Sharma, D., 2022. "Evolution of green finance and its enablers: A bibliometric analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 162(C).
    4. Ioan Batrancea & Larissa Batrancea & Malar Maran Rathnaswamy & Horia Tulai & Gheorghe Fatacean & Mircea-Iosif Rus, 2020. "Greening the Financial System in USA, Canada and Brazil: A Panel Data Analysis," Mathematics, MDPI, vol. 8(12), pages 1-13, December.
    5. Naseem Abu Jamie, 2018. "Financing Green Economy Impact on Sustainable Development," International Journal of Business Administration, International Journal of Business Administration, Sciedu Press, vol. 9(2), pages 123-128, March.
    6. Mohajan, Devajit & Mohajan, Haradhan, 2022. "Feminism and feminist grounded theory: a comprehensive research analysis," MPRA Paper 114914, University Library of Munich, Germany, revised 15 Jul 2022.
    7. Kennedy Ndue & Goda Pál, 2022. "European Green Transition Implications on Africa’s Livestock Sector Development and Resilience to Climate Change," Sustainability, MDPI, vol. 14(21), pages 1-29, November.
    8. Mohajan, Devajit & Mohajan, Haradhan, 2022. "Importance of Total Coupon in Utility Maximization: A Sensitivity Analysis," MPRA Paper 115553, University Library of Munich, Germany, revised 17 Sep 2022.
    9. Mohajan, Devajit & Mohajan, Haradhan, 2022. "Mathematical Analysis of SEIR Model to Prevent COVID-19 Pandemic," MPRA Paper 115858, University Library of Munich, Germany, revised 25 Aug 2022.
    10. Mohajan, Devajit & Mohajan, Haradhan, 2023. "A Study on Nonlinear Budget Constraint of a Local Industrial Firm of Bangladesh: A Profit Maximization Investigation," MPRA Paper 117324, University Library of Munich, Germany, revised 27 Mar 2023.
    11. Bakry, Walid & Mallik, Girijasankar & Nghiem, Xuan-Hoa & Sinha, Avik & Vo, Xuan Vinh, 2023. "Is green finance really “green”? Examining the long-run relationship between green finance, renewable energy and environmental performance in developing countries," Renewable Energy, Elsevier, vol. 208(C), pages 341-355.
    12. Muhammad Akram Shahzad & Madiha Riaz, 2022. "Assessing the Impact of Green Finance on Environmental Sustainability," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 8(3), pages 196-220, September.
    13. Magdalena Ziolo & Beata Zofia Filipiak & Iwona Bąk & Katarzyna Cheba & Diana Mihaela Tîrca & Isabel Novo-Corti, 2019. "Finance, Sustainability and Negative Externalities. An Overview of the European Context," Sustainability, MDPI, vol. 11(15), pages 1-35, August.

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    More about this item

    Keywords

    Environment; Green building; Green finance; Green projects; Renewable energy.;
    All these keywords.

    JEL classification:

    • G17 - Financial Economics - - General Financial Markets - - - Financial Forecasting and Simulation

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    This paper has been announced in the following NEP Reports:

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